Rewe Group news

29 May 2014
As SSP, the Travel Food Experts, and supermarket group Edeka rebrand 40 of SSP’s own-brand Point outlets to Spar Express, it’s time to look at the broader c-store activity Germany. SSP and Edeka to rebrand stores SSP and Edeka have announced they will rebrand 40 of SSP’s Point stores to Spar Express. The rebranding is to be completed by autumn 2014 and will include the introduction of an ...
29 May 2014
The international branch of German retail group Rewe continues to expand in Austria and Romania but is still experiencing a challenging time in Italy. Penny Romania to expand after successful growth in 2013 Rewe experienced significant growth in Romania in 2013 and plans to expand its discount banner, Penny, by 35-45 stores in 2015, as well as, modernising existing stores. In 2013, Pe...
23 May 2014
French retailer Système U is to join buying group Core, whose members comprise Rewe Group, Colruyt, Conad and Coop Schweiz. Système U to join in January 2015 Core launched in February 2014 and is made up of the former members of Coopernic, minus Leclerc which left the buying group in 2013. The addition of Leclerc means it is present in 18 countries across Europe. Serge Papin, president of Sy...
10 April 2014
Rewe reveals plans to expand its presence in Romania at the same time as it looks to promote a privatisation strategy at home. Meanwhile, Metro-owned Kaufhof discusses its online platform going forward. Caparros promotes privatisation strategy Alain Caparros, CEO of Rewe Group, wants to strengthen Rewe’s entrepreneurial spirit by encouraging managers and executives to take control of operat...
28 March 2014
Rewe has announced its unaudited financial results for 2013, revealing Group sales increased by 2.9% to €50.6bn.  Organic expansion plus new sales concepts drive success In Germany, sales were up 2.9% to €36.2bn. Sales in Rewe’s international markets rose by 2.9% to €14.4bn. Alain Caparros, CEO of Rewe, said the high investments in organic expansion of the distribution network and n...
14 February 2014
Conad, Colruyt, Coop Schweiz and Rewe Group have launched the new alliance, Core, established following Leclerc's exit from Coopernic. Board consists of eight members Headquartered in Brussels, Core operates under the legal jurisdiction of a Belgian co-operative company and is present in 18 European countries via its four partners. The four retailer partners combined have a turnover of ...
13 February 2014
Store conversions continue to be rolled out by Penny in Germany, while Rewe's organic private label range leads in Austria. Penny refurbishment progress full steam ahead Entering into its third year of refurbishment, Penny Rewe's discounter banner, is gaining ground, with about 1,400 stores converted to the new format. This is out of a total 2,230 stores planned to be completed by the end of 20...
30 January 2014
Alain Caparros, CEO of German retailer Rewe, has given new detail on the company's plans to invest in 2014. Improved financial performance triggers investment plans Rewe announced its investment plans after reaching its target revenue for 2013. The retailer invested €1.5bn in 2013, with half of this in Germany. Caparros expanded on his message from November, in which he outlined expansion ...
20 January 2014
Alain Caparros, CEO of Rewe Group, has been named head of the buying group Core, according to German press reports. Rewe is largest partner in the group Core is comprised of Rewe, Coop Schweiz, Colruyt and Conad and was formed following the departure of Leclerc from the buying group Coopernic in late 2013. As the largest partner in the group, Rewe takes the lead on the board. Gianluigi Fe...
16 January 2014
Here we round up some of the latest news across leading retailers in Germany.  Rewe to rebrand hypermarkets A lack of revival at Toom has resulted in Rewe announcing that the hypermarket banner will be phased out. The phasing out will take place in three parts in the first quarter of 2014. The Toom banner will be replaced by the Rewe Centre fascia, following a successful trial by the retailer. ...